Quilter (LON:QLT) Given New GBX 189 Price Target at JPMorgan Chase & Co.

Quilter (LON:QLT) had its price target upped by JPMorgan Chase & Co. from GBX 186 to GBX 189 in a research report sent to investors on Friday morning, MarketBeat.com reports. The firm currently has an overweight rating on the stock.

A number of other research firms have also commented on QLT. Berenberg Bank upgraded shares of Quilter to a “buy” rating and raised their price objective for the company from GBX 150 to GBX 195 in a research note on Tuesday, August 12th. Deutsche Bank Aktiengesellschaft lifted their target price on Quilter from GBX 155 to GBX 160 and gave the company a “hold” rating in a research note on Friday, October 3rd. UBS Group reaffirmed a “buy” rating and issued a GBX 190 target price on shares of Quilter in a research report on Friday, October 17th. Royal Bank Of Canada upped their target price on Quilter from GBX 200 to GBX 210 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. Finally, Jefferies Financial Group increased their target price on shares of Quilter from GBX 193 to GBX 203 and gave the company a “buy” rating in a research note on Friday, October 17th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 190.

Quilter Stock Performance

Shares of Quilter stock traded down GBX 3.45 during trading hours on Friday, reaching GBX 177.36. The company’s stock had a trading volume of 60,209,168 shares, compared to its average volume of 4,442,492. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The company’s 50 day simple moving average is GBX 171.88 and its 200 day simple moving average is GBX 162.41. Quilter has a one year low of GBX 119.70 and a one year high of GBX 190.90. The stock has a market cap of £2.46 billion, a P/E ratio of -1,773.55, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.